Pay It Forward (financial aid policy)

For other uses, see Pay it forward (disambiguation).

Pay It Forward is a model for financing higher education under which students attend college tuition-free, and after graduating begin to pay a fixed percentage into a fund to pay for future students' tuition. Pay It Forward legislation was first passed by the Oregon state legislature in 2013.[1]

History

Pay It Forward was first proposed by the Economic Opportunity Institute.[2] The idea became the focus of a capstone class at Portland State University, which hosted a legislative panel and presented a report to Oregon legislators on the model. A study bill on the program was sponsored by Rep. Michael Dembrow and passed unanimously in the Oregon legislature.

External Links

References

  1. ↑ http://www.nytimes.com/2013/07/04/education/in-oregon-a-plan-to-eliminate-tuition-and-loans-at-state-colleges.html?_r=0
  2. ↑ http://www.stateofworkingwa.org/2012/pay-it-forward/index.htm
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